Floorplan lenders see boost as banks pull back
First Business Bank’s floorplan portfolio up 40% YTD
Independent dealership floorplan financing providers First Business Bank and NextGear Capital’s floorplan financing portfolios have grown year to date as some banks pull back in asset-backed lending and dealers increase their floorplan credit utilization. First Business’ floorplan portfolio year to date (YTD) as of early December has grown 40% year over year on a dollar […]
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